Friday, January 21, 2005

Michael K. Powell

The current FCC Chairman, Michael K. Powell, announced his resignation today. I heard a CNN Headline News blurb summarizing his four year tenure. They listed some good and some bad things that happened under his leadership. One of the good things was the start of the Don't Call List to reduce telemarketing calls. Among the bad things was a severe crackdown on "indecency" in broadcasting. CNN mentioned that indecency fines were $48,000/year immediately before Mr. Powell started. Last year they were $7,700,000!

I'm no economist, but I think that's higher than the rate of inflation. Thank you Janet Jackson.

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